Time To Short Wells Fargo Again?
| August 7th, 2009 | ||
| Contributed by: Teri Buhl | ||
| According to an article this afternoon by Teri Buhl, the “smart money” is turning bearish on Wells Fargo (NYSE: WFC). On Thursday, spiked volume and block buys had hedge funds scurrying. Sources have been claiming that Goldman Sachs (NYSE: GS) is behind the bearish bets. Her article also suggests that short-sellers like Jim Chanos’ Kynikos Associates and David Einhorn’s Greenlight Capital may also be involved. Notably, Warren Buffet’s Berkshire Hathaway is WFC’s largest holder with over 300,000,000 shares. To see the complete article on BankImplode.com, please click Is it Time To Short Wells Again? For more information on the funds and fund managers mentioned above, please see their “Detailed Investor Profiles” below. To see HedgeTracker’s Complete Hedge Fund Directory, click here. | ||
For Detailed Investor Profiles on these Investors, click below: |
Greenlight Capital |
Kynikos Associates |
Berkshire Hathaway (Warren Buffett) |
Related People: Charles T. Munger;
Related Entities: Berkshire Hathaway Reinsurance Group;
Related Article Tags: Shareholder Activists, Corporate Raiders and Proxy Battles; Hedge Fund Resources and Featured Partner News
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